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Allowance for Loan Losses (Tables)
12 Months Ended
Dec. 31, 2013
Loans and Leases Receivable, Allowance [Abstract]  
Allowance for Loan Losses Roll Forward by Segment [Table Text Block]
The following table displays changes in single-family, multifamily and total allowance for loan losses for the years ended December 31, 2013, 2012 and 2011.
 
For the Year Ended December 31,
 
2013
 
2012
 
2011
 
Of Fannie Mae
 
Of Consolidated Trusts
 
Total
 
Of Fannie Mae
 
Of Consolidated Trusts
 
Total
 
Of Fannie Mae
 
Of Consolidated Trusts
 
Total
 
(Dollars in millions)
Single-family allowance for loan losses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance, January 1
$
49,848

 
 
$
7,839

 
 
$
57,687

 
$
56,294

 
 
$
14,339

 
 
$
70,633

 
$
47,377

 
 
$
12,603

 
 
$
59,980

(Benefit) provision for loan losses(1)
(6,751
)
 
 
(2,145
)
 
 
(8,896
)
 
(1,482
)
 
 
465

 
 
(1,017
)
 
13,940

 
 
11,683

 
 
25,623

Charge-offs(2)
(8,458
)
 
 
(256
)
 
 
(8,714
)
 
(14,055
)
 
 
(823
)
 
 
(14,878
)
 
(19,026
)
 
 
(1,772
)
 
 
(20,798
)
Recoveries  
2,115

 
 
511

 
 
2,626

 
1,632

 
 
152

 
 
1,784

 
3,636

 
 
1,636

 
 
5,272

Transfers(3)
2,932

 
 
(2,932
)
 
 

 
6,437

 
 
(6,437
)
 
 

 
9,901

 
 
(9,901
)
 
 

Other(4)
516

 
 
88

 
 
604

 
1,022

 
 
143

 
 
1,165

 
466

 
 
90

 
 
556

Ending balance, December 31 
$
40,202

 
 
$
3,105

 
 
$
43,307

 
$
49,848

 
 
$
7,839

 
 
$
57,687

 
$
56,294

 
 
$
14,339

 
 
$
70,633

Multifamily allowance for loan losses: 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance, January 1
$
671

 
 
$
437

 
 
$
1,108

 
$
1,015

 
 
$
508

 
 
$
1,523

 
$
1,153

 
 
$
423

 
 
$
1,576

(Benefit) provision for loan losses(1)
(233
)
 
 
(187
)
 
 
(420
)
 
(131
)
 
 
(43
)
 
 
(174
)
 
140

 
 
151

 
 
291

Charge-offs(2)
(153
)
 
 

 
 
(153
)
 
(261
)
 
 

 
 
(261
)
 
(372
)
 
 

 
 
(372
)
Transfers(3)
30

 
 
(30
)
 
 

 
29

 
 
(29
)
 
 

 
79

 
 
(79
)
 
 

Other(4)
4

 
 

 
 
4

 
19

 
 
1

 
 
20

 
15

 
 
13

 
 
28

Ending balance, December 31 
$
319

 
 
$
220

 
 
$
539

 
$
671

 
 
$
437

 
 
$
1,108

 
$
1,015

 
 
$
508

 
 
$
1,523

Total allowance for loan losses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance, January 1
$
50,519

 
 
$
8,276

 
 
$
58,795

 
$
57,309

 
 
$
14,847

 
 
$
72,156

 
$
48,530

 
 
$
13,026

 
 
$
61,556

(Benefit) provision for loan losses(1)
(6,984
)
 
 
(2,332
)
 
 
(9,316
)
 
(1,613
)
 
 
422

 
 
(1,191
)
 
14,080

 
 
11,834

 
 
25,914

Charge-offs(2)(5)
(8,611
)
 
 
(256
)
 
 
(8,867
)
 
(14,316
)
 
 
(823
)
 
 
(15,139
)
 
(19,398
)
 
 
(1,772
)
 
 
(21,170
)
Recoveries  
2,115

 
 
511

 
 
2,626

 
1,632

 
 
152

 
 
1,784

 
3,636

 
 
1,636

 
 
5,272

Transfers(3)
2,962

 
 
(2,962
)
 
 

 
6,466

 
 
(6,466
)
 
 

 
9,980

 
 
(9,980
)
 
 

Other(4)
520

 
 
88

 
 
608

 
1,041

 
 
144

 
 
1,185

 
481

 
 
103

 
 
584

Ending balance, December 31
$
40,521

 
 
$
3,325

 
 
$
43,846

 
$
50,519

 
 
$
8,276

 
 
$
58,795

 
$
57,309

 
 
$
14,847

 
 
$
72,156


__________
(1) 
(Benefit) provision for loan losses is included in “Benefit (provision) for credit losses” in our consolidated statements of operations and comprehensive income (loss).
(2) 
While we purchase the substantial majority of loans that are four or more months delinquent from our MBS trusts, we do not exercise this option to purchase loans during a forbearance period. Charge-offs of consolidated trusts generally represent loans that remained in our consolidated trusts at the time of default.
(3) 
Includes transfers from trusts for delinquent loan purchases.
(4) 
Amounts represent the net activity recorded in our allowances for accrued interest receivable and preforeclosure property taxes and insurance receivable from borrowers. The (benefit) provision for credit losses, charge-offs, recoveries and transfer activity included in this table reflects all changes for both the allowance for loan losses and the valuation allowances for accrued interest and preforeclosure property taxes and insurance receivable that relate to the mortgage loans.
(5) 
Total charge-offs include accrued interest of $436 million, $872 million and $1.4 billion for the years ended December 31, 2013, 2012 and 2011, respectively.
Allowance for Loan Losses and Total Recorded Investment in HFI Loans [Table Text Block]
The following table displays the allowance for loan losses and total recorded investment in our HFI loans, excluding loans for which we have elected the fair value option, by impairment or reserve methodology and portfolio segment as of December 31, 2013 and 2012.
 
As of December 31,
  
2013
 
2012
 
Single-Family
 
Multifamily
 
Total
 
Single-Family
 
Multifamily
 
Total
  
(Dollars in millions)
Allowance for loan losses by segment: 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Individually impaired loans(1)
$
37,423

 
 
$
306

 
 
$
37,729

 
$
44,545

 
 
$
489

 
 
$
45,034

Collectively reserved loans 
5,884

 
 
233

 
 
6,117

 
13,142

 
 
619

 
 
13,761

Total allowance for loan losses 
$
43,307

 
 
$
539

 
 
$
43,846

 
$
57,687

 
 
$
1,108

 
 
$
58,795

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Recorded investment in loans by segment:(2)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Individually impaired loans(1)
$
189,064

 
 
$
4,215

 
 
$
193,279

 
$
195,852

 
 
$
4,539

 
 
$
200,391

Collectively reserved loans 
2,689,627

 
 
181,763

 
 
2,871,390

 
2,620,568

 
 
186,512

 
 
2,807,080

Total recorded investment in loans 
$
2,878,691

 
 
$
185,978

 
 
$
3,064,669

 
$
2,816,420

 
 
$
191,051

 
 
$
3,007,471

__________
(1) 
Includes acquired credit-impaired loans.
(2) 
Recorded investment consists of unpaid principal balance, unamortized premiums, discounts and other cost basis adjustments, and accrued interest receivable